THE Rockhampton region's financial position is sound and will continue to improve over the next 10 years, according to Mayor Margaret Strelow.
"Twelve months ago we budgeted for a surplus of $1 million," she said.
"This budget has a projected surplus of $4.6million.
"That $4.6 million surplus has reduced our need for new borrowing in this budget to only $1.3 million, with a projected decline in debt commencing next year."
Cr Strelow said the council was aiming for a surplus of $7million in next year's budget and no increase in new loans.
"It may not be immediately apparent but the scale of the transformation in the finances for the Rockhampton region over the last three budgets have changed the course of our future," she said.
"Even allowing for the difficulties of de-amalgamation, we have come through stronger and with a dramatically improved bottom line."